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Added on the 28/02/2023 15:37:13 - Copyright : France 24 EN
The war in Ukraine is seriously impacting the cost of fertiliser in the EU.View on euronews
Soaring energy prices have hit French bakers hard and on Monday they marched across Paris to demand more assistance from the government.
Inflation is at its highest level in decades in many parts of the world. In the US, consumer prices were 8.3 percent higher in April than a year earlier. In the eurozone, they rose by around 7.5 percent. Energy prices have been driving the surge, with Russia's war in Ukraine further fuelling the trend. But higher inflation tends to have a bigger impact on low-income households. Xavier Jaravel from the London School of Economics discusses this and more with FRANCE 24's Kate Moody.
Farmers and road hauliers block the entrance to the Feyzin refinery, near the French city of Lyon, to protest against the rise in fuel prices. IMAGES